{"id":1145,"date":"2025-07-19T15:10:00","date_gmt":"2025-07-19T15:10:00","guid":{"rendered":"https:\/\/web3anchor.com\/index.php\/2025\/07\/19\/osisko-metals\/"},"modified":"2025-07-19T15:10:00","modified_gmt":"2025-07-19T15:10:00","slug":"osisko-metals","status":"publish","type":"post","link":"https:\/\/web3anchor.com\/index.php\/2025\/07\/19\/osisko-metals\/","title":{"rendered":"Osisko Metals"},"content":{"rendered":"<\/p>\n

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Investor Insight <\/h3>\n

Osisko Metals\u2019 high-quality copper<\/u> and zinc<\/u> assets present a compelling investment opportunity amid a rapidly expanding critical and base metals<\/u> market. North America is continuing to prioritize domestic mineral supply chains, and Osisko Metals is well-positioned with its two brownfield, past-producing assets in Canada: the Gasp\u00e9 Copper project and the Pine Point zinc-lead project.<\/p>\n<\/div>\n

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Overview <\/h3>\n

Osisko Metals (TSXV:OM<\/u>,OTC:OMZNF,FRANKFURT: 0B51) is an exploration and development company focusing on two base metal assets in Canada \u2013 Gasp\u00e9 Copper and Pine Point \u2013 targeting copper and zinc, both critical minerals<\/u> necessary for the global transition to clean energy. These assets are past-producing, brownfield projects of significant potential for future production.<\/p>\n

The Gasp\u00e9 Copper project in Qu\u00e9bec has a rapid development plan to begin mining the indicated resource of 824 million tons (Mt) of ore grading 0.34 percent copper equivalent. As the gap between available copper supply and growing demand widens, Osisko Metals is well-positioned to help create and strengthen a domestic supply chain for the North American market.<\/p>\n<\/div>\n

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The company\u2019s Pine Point zinc-lead project in the Northwest Territories contains an indicated mineral resource estimate of 49.5 Mt at 4.22 percent zinc and 1.49 percent lead, in addition to significant inferred resources. Zinc is a necessary mineral for the clean energy transition and has important applications throughout the manufacturing industry. This widespread use of zinc has analysts cautioning about a looming supply shortage.<\/p>\n

A preliminary economic assessment (PEA) completed in 2022 indicates the Pine Point project has the potential to become a world-class, high-grade zinc asset, with an after-tax net present value (NPV) of C$602 million and internal rate of return (IRR) of 25 percent. A feasibility study<\/u> is now fully underway, and is expected to be completed in 2025.<\/p>\n

In February 2023, Osisko Metals announced a C$100-million investment agreement with Appian Natural Resources Fund III for a joint venture on the Pine Point project. The agreement includes C$75.3 million of funding for the project and up to C$24.7 million in cash payments to Osisko Metals. In February 2024, Osisko Metals sold an additional 5 percent ownership interest in Pine Point Mining to a subsidiary of Appian for approximately C$8.33 million. Appian now has the right to earn up to 65 percent of the project, with Osisko Metals retaining 35 percent.<\/p>\n

Pine Point Mining and the Town of Hay River have also signed a memorandum of understanding to seize opportunities for long-term sustainable growth for Hay River through the development and operations of the Pine Point mining project.<\/p>\n

Led by a management team with a wide range of expertise throughout the natural resources industry and experience in geology, exploration, corporate finance and corporate administration, Osisko Metals is well-poised to become a world-class supplier of base metals.<\/p>\n<\/div>\n

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Company Highlights <\/h3>\n
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  • Osisko Metals (OM) is focused on becoming a significant base metals producer by bringing two past-producing Canadian brownfield assets back into production: the Gasp\u00e9 Copper project in Qu\u00e9bec and the Pine Point zinc-lead project in the Northwest Territories.<\/li>\n
  • OM\u2019s 100-percent-owned Gasp\u00e9 Copper project is advancing rapidly with a fully funded 110,000-metre 2025 drill program and the goal of converting and expanding its large-scale NI 43-101 resource base.<\/li>\n
  • Copper Mountain hosts the largest undeveloped copper asset in Eastern North America, with an in-pit indicated resource of 824 million tonnes (Mt) grading 0.34 percent copper equivalent (CuEq) and an inferred resource of 670 Mt grading 0.38 percent CuEq. The resource contains 4.91 billion pounds of copper, 274 million pounds of molybdenum, and 46 million ounces of silver.<\/li>\n
  • The Pine Point project has the potential to become a top-ten global zinc producer, supported by updated 2024 resource estimates and a positive PEA. It is operated through a joint venture with Appian Natural Resources Fund III, which has the right to earn up to 65 percent of the project.<\/li>\n
  • A C$100-million investment agreement with Appian includes C$75.3 million in project funding and allows for a staged increase in Appian\u2019s ownership. Osisko Metals retains a 35 percent interest.<\/li>\n
  • The 2022 PEA for Pine Point returned an after-tax IRR of 25 percent and an NPV (8 percent) of C$602 million, with clean, high-grade zinc and lead concentrates appealing to global smelters.<\/li>\n
  • A highly experienced management team with a successful track record of discovery, development and value creation is leading Osisko Metals\u2019 transformation into a leading North American base metals developer.<\/li>\n<\/ul>\n<\/div>\n
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    Key Projects <\/h3>\n

    Gasp\u00e9 Copper Project<\/h3>\n

    The Gasp\u00e9 Copper project in Qu\u00e9bec is among the most significant copper development projects in eastern North America. Osisko Metals completed the 100-percent acquisition of Gasp\u00e9 Copper in July 2023 and has since launched a fully funded, 110,000-metre drill program. Qu\u00e9bec is consistently ranked as a top-tier mining jurisdiction with supportive permitting processes and access to infrastructure.<\/p>\n<\/div>\n

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    Project Highlights:<\/h4>\n
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    • Significant Mineral Resource Estimate:<\/strong> The current NI 43-101 mineral resource estimate (effective November 2024) outlines an in-pit indicated resource of 824 Mt grading 0.34 percent copper equivalent and an inferred resource of 670 Mt grading 0.38 percent copper equivalent. Contained metals include 4.91 billion pounds of copper, 274 million pounds of molybdenum, and 46 million ounces of silver.<\/li>\n
    • Prolific Past Production:<\/strong> The historic Gasp\u00e9 mine produced more than 141 Mt at 0.9 percent copper between 1955 and 1999 through both underground and open-pit mining. The site has undergone over C$150 million in reclamation, creating a well-positioned brownfield development opportunity.<\/li>\n
    • Robust Infrastructure:<\/strong> The site benefits from year-round road access, on-site hydroelectric power, proximity (under 100 km) to a deep-sea port in Gasp\u00e9, and remaining legacy infrastructure, including oxide stockpiles, administration buildings and a water treatment facility.<\/li>\n
    • 2025 Drill Program:<\/strong> The 110,000-metre drill campaign initiated in February 2025 targets both infill and expansion zones. Goals include upgrading inferred resources, extending mineralization up to 250 meters below the current pit shell, testing areas toward Needle East Mountain, and better delineating high-grade skarn zones (grading 0.5 to 3.0 percent copper). Recent results include:\n
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      • Drill hole 30-1090 \u2013 279.0 meters averaging 0.49 percent copper and 108.0 meters averaging 0.84 percent copper
        Drill hole 30-1075 \u2013 258.0 meters averaging 0.33 percent copper including 15.6 meters averaging 1.47 percent copper<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n
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          • Wide zones of new mineralization intersected southeast of the Copper Mountain pit, including skarn-hosted copper zones supporting potential for future resource expansion<\/li>\n<\/ul>\n<\/ul>\n
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            • Copper Mountain Updated MRE: <\/strong>The latest resource estimate (Fall 2024) reflects a 53 percent increase in copper-equivalent content in the indicated category and a 100-fold increase in the inferred category compared to prior reports. A high-grade sub-resource of 520 Mt grading 0.54 percent copper equivalent has also been identified at higher cut-off grades.<\/li>\n
            • Acquisition of New Claims: <\/strong>In December 2024, Osisko Metals acquired 199 additional mineral claims adjacent to the Gasp\u00e9 Copper property, expanding the project\u2019s exploration footprint in a highly prospective area.<\/li>\n<\/ul>\n<\/div>\n
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              Pine Point Zinc-Lead Project<\/h3>\n

              The Pine Point asset in the Northwest Territories is a brownfield site with legacy infrastructure and a clear path toward redevelopment. The site is supported by an on-site hydroelectric substation, paved access roads, and proximity to rail and port infrastructure.<\/p>\n<\/div>\n

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              Project Highlights:<\/h4>\n
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              • Joint Venture:<\/strong> Pine Point Mining, the project operator, is governed under a joint venture between Osisko Metals and Appian Natural Resources Fund III. The C$100-million agreement includes C$75.3 million in project funding and additional cash payments. In February 2024, Osisko Metals sold an additional 5 percent interest to Appian for C$8.33 million. Appian may earn up to 65 percent ownership; Osisko Metals retains 35 percent.<\/li>\n
              • High-grade Clean Concentrates: <\/strong>The project is expected to produce exceptionally clean zinc and lead concentrates, as confirmed by recent metallurgical testing. XRT sorting and flotation achieved recoveries of 87 percent for zinc and 93 percent for lead. Low deleterious element levels make Pine Point\u2019s product highly attractive to smelters seeking premium concentrates.<\/li>\n
              • Promising Economics:<\/strong> The 2022 PEA outlines an average annual life-of-mine production of 329 million pounds of zinc and 141 million pounds of lead. It projects an after-tax NPV (8 percent) of C$602 million and an IRR of 25 percent. Estimated dewatering volumes were reduced by 30 percent compared to the 2020 PEA.<\/li>\n
              • 2024 Updated Mineral Resource Estimate:<\/strong><\/li>\n<\/ul>\n
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                  • Indicated: <\/em><\/em>49.5 Mt grading 4.22 percent zinc and 1.49 percent lead (5.52 percent zinc equivalent), containing 4.6 billion lbs of zinc and 1.6 billion lbs of lead<\/li>\n
                  • Inferred:<\/em><\/em> 8.3 Mt grading 4.18 percent zinc and 1.69 percent lead (5.64 percent zinc equivalent), containing 0.7 billion lbs of zinc and 0.3 billion lbs of lead<\/li>\n
                  • East Mill, Central, and North zones collectively hold ~36.2 Mt of indicated resources grading 5.22 percent zinc equivalent<\/li>\n<\/ul>\n<\/ul>\n
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                    • Community Support:<\/strong> Pine Point Mining Limited has secured support through collaboration agreements with Deninu K\u2019ue First Nation and the Northwest Territory M\u00e9tis Nation, and continues to work under a 2017 exploration agreement with K\u2019atl\u2019odeeche First Nation. A memorandum of understanding was signed in November 2024 with the Town of Hay River to promote long-term economic benefits and local participation.<\/li>\n<\/ul>\n<\/div>\n
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                      Management Team <\/h3>\n

                      Robert Wares \u2013 Chief Executive Officer<\/h3>\n

                      A professional geologist with over 35 years of experience, Robert Wares co-founded Osisko Mining and led the discovery of the Canadian Malartic mine. He is a co-recipient of the PDAC\u2019s \u201cProspector of the Year\u201d (2007) and serves on the board of Brunswick Exploration.<\/p>\n

                      John Burzynski \u2013 Executive Chairman<\/h3>\n

                      John Burzynski was CEO of Osisko Mining and led the discovery and sale of the Windfall project to Gold Fields for C$2.2 billion. He also co-founded Osisko Gold Royalties and helped develop Canadian Malartic. He is a fellow of the Royal Canadian Geographical Society, and is a co-recipient of the PDAC\u2019s \u201cProspector of the Year\u201d (2007)<\/p>\n

                      Don Njegovan \u2013 President<\/h3>\n

                      Don Njegovan has over 30 years of experience in mining and capital markets. Formerly COO at Osisko Mining, he has also served as managing director, global mining at Scotiabank, and sits on the board of Cornish Metals.<\/p>\n

                      Blair Zaritsky \u2013 Chief Financial Officer<\/h3>\n

                      BA CPA with over 20 years of experience, Blair Zaritsky was previously CFO of Osisko Mining. He has extensive audit and financial management experience with public companies listed on Canadian exchanges.<\/p>\n

                      Amanda Johnston \u2013 Vice-president, Finance<\/h3>\n

                      <\/strong>Amanda Johnston is a CPA with more than two decades in the mining and audit sectors. She previously served as VP finance at Osisko Mining and is currently a director of Metalla Royalty & Streaming.<\/p>\n

                      Alexandria Marcotte \u2013 Vice-president, Exploration<\/h3>\n

                      <\/strong>A registered P.Geo. in Ontario, Alexandria Marcotte has 15+ years of international experience in senior geological roles. She holds an Honours B.Sc. in Geology and an MBA from Schulich School of Business and currently serves as a director of Angel Wing Metals.<\/p>\n

                      Lili Mance \u2013 Vice-president & Corporate Secretary<\/h3>\n

                      Lili Mance has 30 years of legal, compliance, and governance experience in the resource and financial sectors. She served as corporate secretary at Osisko Mining and is a long-standing member of the Governance Professionals of Canada.<\/p>\n

                      Ann Lamontagne \u2013 Vice-president, Environment & Sustainable Development<\/h3>\n

                      A civil engineer with a Ph.D. in mining environment, Ann Lamontagne brings over 25 years of environmental consulting and permitting expertise, including work with Nouveau Monde Graphite and Troilus Gold.<\/p>\n

                      Killian Charles \u2013 Strategic Advisor<\/h3>\n

                      President and CEO of Brunswick Exploration, Killian Charles previously led corporate development at Osisko Metals and worked as a mining analyst. He holds a degree in Earth & Planetary Sciences from McGill University.<\/p>\n

                      Luc Lessard \u2013 Technical Advisor<\/h3>\n

                      Luc Lessard is a mining engineer with over 30 years of experience in construction and operation of major mines. He is CEO of Falco Resources and COO of Osisko Development, and played key roles in building Canadian Malartic.<\/p>\n<\/div>\n

                      This post appeared first on investingnews.com<\/div>\n

                      <\/p>\n","protected":false},"excerpt":{"rendered":"

                      Investor Insight Osisko Metals\u2019 high-quality copper and zinc assets present a compelling investment opportunity amid a rapidly expanding critical and base metals market. North America is continuing to prioritize domestic mineral supply chains, and Osisko Metals is well-positioned with its two brownfield, past-producing assets in Canada: the Gasp\u00e9 Copper project and the Pine Point zinc-lead […]<\/p>\n","protected":false},"author":1,"featured_media":1146,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-1145","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/web3anchor.com\/index.php\/wp-json\/wp\/v2\/posts\/1145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/web3anchor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/web3anchor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/web3anchor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/web3anchor.com\/index.php\/wp-json\/wp\/v2\/comments?post=1145"}],"version-history":[{"count":0,"href":"https:\/\/web3anchor.com\/index.php\/wp-json\/wp\/v2\/posts\/1145\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/web3anchor.com\/index.php\/wp-json\/wp\/v2\/media\/1146"}],"wp:attachment":[{"href":"https:\/\/web3anchor.com\/index.php\/wp-json\/wp\/v2\/media?parent=1145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/web3anchor.com\/index.php\/wp-json\/wp\/v2\/categories?post=1145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/web3anchor.com\/index.php\/wp-json\/wp\/v2\/tags?post=1145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}